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$419,500 -$5,500 (-1.29%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 0.13 Acres
  • 2 Car Garage
  • Updated 1 day ago
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Become the proud owner of this stunning home on a coveted corner lot! You're greeted by a 2-car garage, brick accents, artificial turf, & an inviting front patio. The living room features coffered ceilings, a neutral palette, blinds, & stylish wood-look flooring. Gather loved ones in the family room, complete w/ a cozy fireplace for relaxing evenings. The eat-in kitchen boasts quartz counters, crisp white cabinetry, contemporary track lighting, a tile backsplash, SS appliances, a pantry, & an island w/ a breakfast bar. Upstairs, the loft provides a versatile living space. The main bedroom features a private bathroom & a convenient walk-in closet. Venture out onto the sizeable backyard, which offers an open patio & abundant space for crafting your dream oasis. Don't miss this gem!

Full Property Details for 7218 S 40th Ln

General

  • Price: $419,500
  • HOA FEE: $84/month
  • Taxes: $1,947 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6966354
  • Updated: 1/14/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: High Speed Internet, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Wshr/Dry HookUp Only

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Direct Access

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: ARLINGTON ESTATES PHASE 1
  • Cross Streets: 35th Ave & Baseline Rd

Community

  • Association: Yes
  • Assoc. Name: Arlington Estatees
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Natural Gas

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Contemporary,
  • Builder: Trend Homes
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Sq. Ft. Source: Assessor
  • Year Built: 2001

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,551
  • Lot Size Source: Assessor
  • Lot Features: East/West Exposure, Corner Lot, Dirt Back, Gravel/Stone Front, Synthetic Grass Frnt

Financial Considerations

  • Association Fee: $84
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,947
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 280 ARLINGTON ESTATES PHASE 1 MCR
  • Property ID: 105-89-464
  • Range: 2E
  • Section: 34
  • Lot Number: 280

Listed by My Home Group Real Estate

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— 7218 S 40th Ln —

  • My Home Group Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7218 S 40th Ln

School Districts:Laveen Elementary District, Phoenix Union High School District
NameGradesDistance
Vista Del Sur Traditional School
3908 W South Mountain Rd, Phoenix, AZ 85339
PK-80.7 mi
Rogers Ranch School
6735 S 47th Ave, Phoenix, AZ 85339
K-80.8 mi
Cheatham Elementary School
4725 W South Mountain Rd, Phoenix, AZ 85339
K-81.2 mi
Cesar Chavez High School
3921 W Baseline Rd, Phoenix, AZ 85339
9-120.4 mi
M.C. Cash Elementary School
3851 West Roeser Road, Phoenix, AZ 85041
PK-81.4 mi
Laveen Elementary School
4141 W McNeil St, Phoenix, AZ 85339
PK-81.7 mi
Paseo Pointe School
8800 S 55th Ave, Phoenix, AZ 85339
PK-82.1 mi
Estrella Foothills Global Academy
5400 W Carver Rd, Phoenix, AZ 85339
K-83.2 mi
Desert Meadows Elementary School
6855 W Meadows Loop E, Phoenix, AZ 85339
PK-83.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7218 S 40th Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$419,500
-1.29%
MLS
1/09/2026
Listed
$425,000
78.95%
MLS
10/09/2018
Sold
$237,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7218 S 40th Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,947
2%
$35,410
3%
2024
$1,909
2%
$34,270
-5%
2023
$1,874
3%
$36,220
23%
2022
$1,817
—
$29,370
35%
2022
$1,817
-1%
$21,750
5%
2021
$1,831
3%
$20,680
10%
2020
$1,783
—
$18,780
12%
2019
$1,788
-5%
$16,700
7%
2018
$1,882
5%
$15,570
14%
2017
$1,785
5%
$13,620
9%
2016
$1,699
11%
$12,520
5%
2015
$1,534
6%
$11,930
36%
2014
$1,443
9%
$8,770
20%
2013
$1,324
—
$7,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7218 S 40th Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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7218 S 40th Lane, Phoenix, AZ 85041 (MLS# 6966354) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7218 S 40th Lane is currently listed for $419,500 and was received on January 09, 2026. Want to learn more about 7218 S 40th Lane? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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